Domestic demand for steel in the country remains subdued The Japanese steelmaker Tokyo Steel is raising prices for its steel products for April sales due to rising raw material costs, according to BigMint. Prices for hot-rolled coils (1.7–22 mm) are rising by 7,000 yen per ton ($44/t) compared to the previous month, and prices for rebar and sections are rising by 5,000 yen/t ($31/t) compared to the previous month. Thus, following the revision, Tokyo Steel’s prices stand at $584/t for HRC (1.7–22 mm) and $546/t for rebar (D13–25). Domestic demand in Japan remains cautious amid uncertainty regarding future construction activity in some regions, and delays in the transition to higher price levels are slowing market activity. However, steel producers are increasing their rolling supply schedules. At the same time, scattered inventories in the ...

Production of long products rose by 12.5% m/m, while production of flat products fell by 4.8% m/m Italian steelmakers increased steel production by 8.1% in February 2026 compared to the previous month, reaching 1.86 million tons. Compared to the same month in 2025, the figure rose by 2.6%. This is according to data from the industry association Federacciai, as reported by SteelOrbis. Flat steel production in February amounted to 737,000 tons, down 7.4% y/y and 4.8% m/m, while long steel production reached 1.1 million tons (+5% y/y; +12.5%  m/m). In January-February, Italian steelmakers produced 3.6 million tons of steel, exceeding the 2025 figure by 2.1%. In the flat-rolled segment, 1.5 million tons were produced (-4.4% y/y), and in the long-rolled segment, 2.1 million tons (+8.6% y/y). As reported by GMK Center, Italy increased steel production b...

The company cites rising raw material costs Metallurgical company Tata Steel UK has raised prices for hot-rolled coil (HRC) by £125/t to £620/t per tonne and for hot-dip galvanized coil by £140-150/t in the second quarter. This was reported by Argus Media, citing sources. According to the agency, some service centers have received such offers for hot-rolled coil, which is higher than the previous level, which was closer to £540-550/t (ddp West Midlands). According to some buyers, Tata is implementing a phased price increase, adding another £40/t in May and June. Other customers have not received HRC allocations for April 2026 and phased pricing in the following months. The company cites rising raw material costs, particularly for slabs and zinc, as well as the price discrepancy between the UK and Europe. Slabs, Argus notes,...